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The Triple Bottom Line Model: Integrating Economic Performance, Social Equity, and Environmental Sustainability
The Triple Bottom Line model has become one of the most influential frameworks for rethinking the purpose and performance of organizations in the twenty-first century. Coined by John Elkington in the 1990s, the concept challenges the traditional primacy of financial profit by asserting that organizational success should be evaluated across three interdependent dimensions: economic viability, social responsibility, and environmental stewardship. This paper offers an analysis o


The Venture Capital Model: Governance, Incentives, and Value Creation in High-Growth Entrepreneurship
The venture capital model occupies a central position in modern entrepreneurial finance, serving as a primary mechanism for funding high-growth, innovation-driven firms under conditions of extreme uncertainty. Unlike traditional bank financing or public equity markets, venture capital is uniquely designed to support ventures with limited operating history, intangible assets, and unproven business models. This paper presents a PhD-level examination of the venture capital model


Opportunity Discovery vs Opportunity Creation: Competing Models and Complementary Logics in Entrepreneurship Theory
The question of how entrepreneurial opportunities emerge lies at the heart of entrepreneurship theory. Among the most influential and debated perspectives are the opportunity discovery and opportunity creation models, which offer contrasting explanations of where opportunities come from and how entrepreneurs engage with them. Rather than representing a purely academic dispute, this theoretical divide has profound implications for research design, entrepreneurial education, an


The Entrepreneurial Process Model: A Dynamic Framework for Opportunity Creation, Evaluation, and Venture Evolution
The entrepreneurial process model represents one of the most influential frameworks in entrepreneurship scholarship, offering a systematic explanation of how new ventures emerge, evolve, and, in some cases, fail. Rather than portraying entrepreneurship as a single act of innovation or risk-taking, the model conceptualizes it as an unfolding process shaped by opportunity perception, individual cognition, resource constraints, institutional contexts, and market dynamics. This p


The Razor-and-Blade Business Model: Economic Logic, Strategic Variations, and Contemporary Applications
The razor-and-blade business model is one of the most enduring and influential pricing strategies in the history of commerce. Commonly attributed to King C. Gillette’s early twentieth-century strategy of selling razors at low margins while generating recurring profits from disposable blades, the model has since evolved into a foundational concept in strategic management, industrial organization, and pricing theory. At its core, the model relies on the deliberate separation of


The Shared Value Model: Reframing Capitalism Through Strategic Social and Economic Integration
The Shared Value model, introduced by Michael Porter and Mark Kramer, represents a pivotal shift in thinking about the relationship between business and society. Rather than viewing social issues as externalities or constraints on profitability, the model argues that addressing societal challenges can be a source of competitive advantage and economic value creation. This reconceptualization seeks to move beyond traditional corporate social responsibility by embedding social p


Strategic Directions for Growth: The Ansoff Growth Model in Contemporary Strategy
From strategic frameworks like the Ansoff Growth Model to up-to-date news in economic and financial landscapes, Doctors In Business Journal bridges academic rigor with practical application. Growth has long occupied a central position in strategic management theory. Firms pursue growth not only to increase profitability but also to achieve economies of scale, enhance market power, and ensure long-term survival. Igor Ansoff’s Growth Model, often referred to as the Ansoff Matri


How Innovations Travel Through Society: Application of Rogers’ Diffusion of Innovation Model
Technological breakthroughs and novel ideas do not succeed solely because they are superior. Many innovations with clear technical advantages fail to achieve widespread adoption, while others diffuse rapidly despite modest improvements over existing solutions. Everett Rogers’ Diffusion of Innovation model provides one of the most influential theoretical explanations for this phenomenon. At a doctoral level, the model offers a sociological and behavioral framework for understa


Where Value Meets Demand: Explanation of the Product–Market Fit Model in Entrepreneurship and Strategy
Few concepts in entrepreneurship and innovation have achieved the influence of product–market fit. Popularized by Marc Andreessen, the term has become shorthand for the moment when a product satisfies a strong and persistent market demand. Despite its widespread use, product–market fit is often treated as an intuitive milestone rather than a theoretically grounded construct. At a doctoral level, product–market fit should be understood as a dynamic alignment between value crea


When Entrants Overturn Incumbents: An Analysis of Christensen’s Disruptive Innovation Model
One of the most influential ideas in innovation and strategy research is the claim that successful firms often fail not because they are poorly managed, but because they are well managed. Clayton Christensen’s Disruptive Innovation Model provides a theoretical explanation for this paradox by showing how rational, performance-oriented decision-making can systematically disadvantage incumbents in the face of certain types of technological change. At a doctoral level, disruptive


Analysis of the Causation Model in Strategy and Entrepreneurship
The Causation Model represents one of the most enduring logics of decision-making in strategy and entrepreneurship. Rooted in classical economics and rational planning traditions, causation assumes that the future can be sufficiently predicted to allow purposeful action toward predefined goals. In this model, entrepreneurs and managers begin by identifying a specific objective and then select the optimal means to achieve it. At a doctoral level, the causation model should be


Analysis of the Effectuation Model in Entrepreneurial Theory
Entrepreneurship unfolds in environments characterized by uncertainty rather than calculable risk. Traditional strategic and economic models assume that entrepreneurs identify opportunities, forecast markets, and allocate resources to maximize expected returns. These assumptions, however, are often misaligned with the lived realities of entrepreneurial practice. The Effectuation Model, developed by Saras D. Sarasvathy, offers a fundamentally different explanation of entrepren


The Lean Startup Model in Innovation and Entrepreneurship
Entrepreneurship and innovation are fundamentally concerned with decision-making under conditions of extreme uncertainty. Traditional management models, which emphasize detailed planning and prediction, often struggle to accommodate environments characterized by rapid technological change and ambiguous customer needs. The Lean Startup Model, popularized by Eric Ries, emerged as a response to this challenge by reframing entrepreneurship as a scientific process of experimentati
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